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45 Central St 5,663 SF Vacant Office Building Peabody, MA 01960 $999,900 ($176.57/SF)

Investment Highlights
- Four individually deeded office condominium units offered together.
- Multiple private offices, conference areas, and reception space.
- Dedicated collaboration wall and flexible workspace layout.
- Downtown Peabody location with access to major regional highways.
- Updated restrooms, flooring, and functional interior finishes.
- Ten on-site parking spaces serve employees and visitors.
Executive Summary
Exceptional opportunity to own a package of four individually deeded commercial office condominium units at 45 Central Street, Peabody, offered together as one investment or owner-user opportunity. Situated in the heart of downtown Peabody, this property provides convenient access to Route 1, Route 114, Route 128/I-95, downtown Salem, and the North Shore, making it an ideal location for professional business service users. The combined offering features multiple private offices, reception areas, conference space, open work areas, updated restrooms, a kitchenette, generous storage, and a dedicated whiteboard collaboration wall ideal for team meetings, presentations, and project planning. Well-maintained interiors include updated flooring, abundant natural light, functional layouts, and a professional appearance. Whether seeking space for your business with future flexibility or an investor looking for a unique commercial asset, this offering brings four office condominium units together as a single acquisition opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,663 SF
Building Class
B
Year Built
1988
Price
$999,900
Price Per SF
$176.57
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,832 SF
Building FAR
0.93
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
BC - Business Central District is intended to support the city's traditional downtown commercial core and encourage pedestrian-oriented business activity.
Parking
10 Spaces (1.77 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Reception
- Storage Space
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Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $445,300 | |
| Land Assessment | $0 | Total Assessment | $445,300 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$445,300
Total Assessment
$445,300
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
45 Central St
